NEWS » WEEKLY UPDATE

Weekly Update August 21, 2020

Forward Together: Ponca City Development Authority
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OPEN? YES. RIBBON CUTTING TONIGHT? NO... The new Central Fare area of City Central is now open. That's the good news and more on that in a moment. The Chamber of Commerce Ribbon Cutting that was scheduled for this afternoon at 4 p.m., however, has been canceled. Rather than wait for a rescheduling, which will happen in the future, we're throwing open the gates and the area is available for use. That means you can come eat your lunch there. Have Door Dash and others deliver your meal from a downtown Ponca City restaurant. Sit in the shade and read, meet friends in a safe outdoor socially distant manner and so forth. For small groups, the area is available immediately for rent. It is wheelchair accessible, has electrical hook-ups, places for food trucks and other amenities. PCDA was going to gush this afternoon and get all mushy about the support (donations) from Phillips 66, the North Central Board of Realtors, The National Association of Realtors and the help of companies such as MJ&H, CME, Howard Properties and the many volunteers who painted the mural,but that will have to wait for a later ceremony. The finishing touches went on it yesterday so come on by and check it out!
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The new Central Fare area located on Fourth
directly west of City Central, is now open and ready for use.
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THE OKLAHOMA DEPARTMENT OF COMMERCE WAS IN TOWN THIS WEEK
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The Oklahoma Department of Commerce (ODOC) is the state agency tasked with economic development. They handle all state level incentives and business support programs and were absolutely invaluable during the early days of the pandemic (still are but oh-so-vital in March and April). They have been an extremely important partner to PCDA over the years providing state incentives to many of the 80 +/- economic development deals PCDA has completed since 2003. In addition, if a company somehow, someway, does not know about Ponca City and they contact ODOC because they realize the value of an Oklahoma location, ODOC is in a position to suggest communities. ODOC also coordinates work with site consultants, trade shows and other things of this nature so that PCDA does not have to spend every cent we have doing this type of marketing. The Executive Director of ODOC, Brent Kisling, and the Director of Business Development, Jennifer Springer, visited Ponca City on Tuesday and hung out with PCDA. PCDA set up visits at CME, Log10, MJ&H and Quarter Turn Resources, all of whom received or will receive Oklahoma "Bounce Back" program funding or the Oklahoma "Reboot" program funding. These two programs were pandemic related and an example of innovative thinking and agile adaptation of existing programs by ODOC. Brent, Jennifer and Stan Ralstin, their regional representative, also came to lunch at City Central where they were joined by Mayor Nicholson, Senator Coleman, Ponca City Mainstreet and the Chamber of Commerce along with PCDA board members Steve Hermann, Nancy Laffey and PCDA staff. Matters discussed included the local economy, the pandemic, City Central, the various work done by the City, the Chamber, Mainstreet and PCDA and the potential for greater growth in Ponca City. While most new company recruitment leads are generated by PCDA, it's obviously a good thing to have the two top people from the state agency that is in charge of generating state leads paying attention to us in case something comes across their desk that could fit Ponca City. PCDA really appreciates the four companies who provided the tours and took time out of their day to show Brent and Jennifer how the state money is being used. PCDA would also like to thank Brent, Jennifer and Stan for spending the day with us.

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It's STILL not too late!
Fill out your 2020 Census form at
www.my2020census.gov
nter your home address
and answer the questions.
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PCDA AUDIT THIS WEEK...Every year, a team of independent auditors swoops in on PCDA to go over the books and do a full audit to make sure that your money is doing what it is supposed to be doing. That happened this week. The firm of CBEW out of Cushing came in and did what auditors do, combing through files, interviewing people, running numbers, verifying financial information and on and on. This is the field portion of the audit and the auditors will take their review back to their offices, away from PCDA's very interested but obviously biased eyes (we like to think of them as "helpful" eyes) to prepare a report that should be ready in 30 to 60 days. This happens every year to ensure that the dedicated sales tax for economic development is being properly managed and well spent. We'll let you know what they say when they say it.
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THE FORMER SMITH BUILDING...is finally on the market. It has not been available for either sale or lease since it closed in 2017. Schlumberger, however, announced this month that the building at the corner of Hartford and Waverly will be put up for auction this Fall as part of a nation wide auction of the company's surplus properties. The auction will be held on Tuesday, October 20th at 4:00 p.m. PCDA has no official role in this auction and we naturally want it to go to something that produces high quality jobs (and lots of them). Stay tuned.
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Mon. August 24 // First day of Ponca CIty Schools // We're Serious This Time.
Whether you child is heading to a brick and mortar building or attending virtually, we hope all the students have a great school year.

Wed, Sept 2// 1 Million Cups// Pioneer Technology Center 8:30 am
We have the coffee and the business story.
You get to come and network with your business community.
Bring a friend. There is plenty of coffee and small business.

Monday, Sept 7 // Labor Day // PCDA Office Closed

Tuesday, Sept 8 // Pioneer Tech Manager's Tool Belt (First Session)
8 Sessions (weekly) on building a stronger management team and culture within your business. Sessions will be held at Pioneer Technology Center from 11:30 to 1:30 through November 3rd (no session October 27th). The cost is $499 which includes all materials, lunch each session. Call Corbin DeWitt at 580.718.4350 or corbind@pioneertech.edu for more information.

Thursday, Sept 10 // PCDA Board Meeting // 7:30 am // City Central

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More Information
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